Big banks see risks in financing the AI boom, but are happy to keep writing the checks
Summary
Major financial institutions acknowledge potential hazards linked to the rapid expansion of artificial intelligence. Even with these concerns, lenders show no intention of reducing their financial support for the ongoing technology boom.
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to slow down.
Source: Read the full story at MarketWatch.com - Top Stories
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